Global Small Launch Vehicle (SLV) Market Anticipated to Reach $7.65 Billion by 2030, Reports BIS Research

FREMONT, Calif., Sept. 3, 2020 /PRNewswire/ — The Global Small Launch Vehicle (SLV) Market is projected to reach $7.65 billion by 2030, reveals a premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 24.36% during the forecast period, 2020-2030.

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FREMONT, Calif., Sept. 3, 2020 /PRNewswire/ — The Global Small Launch Vehicle (SLV) Market is projected to reach $7.65 billion by 2030, reveals a premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 24.36% during the forecast period, 2020-2030.

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The small launch vehicle (SLV) is used for launching payload consisting of lightweight satellite/payloads into various orbits. The rise in deployment of small and microsatellites for multiple commercial, academic, and military applications into low earth orbit (LEO) has spurred demand for dedicated launches though SLVs. In addition, reduction in overall launch costs through major global sites, and the increasing usage of advanced manufacturing technologies to develop lightweight components and reusable launch vehicles are some of the other factors which are expected to create lucrative opportunities for the global SLV market in the next decade.

According to Nilopal Ojha, Lead Analyst at BIS Research, «The rising demand for small satellite constellation across various end users, such as commercial, academic, military, and government, is forcing the SLV manufacturers to develop products with more advanced technologies. Moreover, a significant increase in investment by leading companies and large space organizations to develop advanced manufacturing capabilities for providing affordable launch services is expected to boost the growth of the market during the forecast period.»

Browse market Data Tables and Figures spread through 224 Pages, and in-depth TOC on «Global Small Launch Vehicle (SLV) Market«.

Who is best benefitted from this study?

  • Manufacturers of rockets and small launch vehicles providing ridesharing and dedicated launch services
  • Component providers including providers of propulsion system, structure, avionics, and electronics, among others
  • Launch service providers, leading space universities/educational institutions, government space agencies, and research & development agencies that are involved in formulating regulations for the space industry
  • Private investors who are interested to understand the business of rocket companies providing low-cost launch services 

How does this study enable confident and strategic business decisions?

The organizations make use of the study and insights in the report therein to evaluate options and make strategic decisions. The study supports these key strategies:

A. Product/Innovation Strategy

  • Know about the key trends impacting the small launch vehicle market, along with information on new technologies that are being adopted by launch vehicle and propulsion system manufacturers;
  • Find out about the demand for launch vehicles and components for small launch vehicles that will get shaped over the next ten years.

B. Growth/Market Strategy

  • Know which category of payload range (<20 kg, 20 kg-150 kg, 151 kg-500 kg, 501 kg-1,200 kg, 1,201 kg-2,200 kg) is expected to dominate the SLV market in the coming years;
  • Know which end user of the SLV market (commercial, academic, military, government, and non-profit) is expected to dominate the market in the coming years;
  • Find out the estimated revenue to be generated by the global small launch vehicle (SLV) market across different regions (North America, Europe, Asia-Pacific, and Rest-of-the-World) during the forecast period;
  • Know about the major satellite constellations and their service provider scenario in the next ten years.

C. Competitive Strategy

  • Know which players will be catering to the demand for different end user and payload type and how are they benchmarked against each other in different regions and countries;
  • Find out which are the start-up companies that are attracting major investment in the SLV market;
  • Get detailed insights and information on key companies operating in this market, including their growth strategies, as well as how they compete against each other at a global, regional, and country-level.

View the Report from BIS Research – Global Small Launch Vehicle (SLV) Market – Analysis and Forecast, 2020-2030

What makes BIS Research’s study and this product special?

  • Regional and Country-Level Deep Dive – BIS Research’s global reports come with a complimentary deep dive section of major start-ups and their developments, at a regional level along with key countries of those regions.
  • Companies Profiled: Key insights are drawn from in-depth interviews with key opinion leaders of more than 50 leading companies, market participants, and vendors. The key players profiled in the report include Aerojet Rocketdyne (U.S.), Dawn Aerospace (New Zealand), SpaceX (U.S), Armstrong Siddeley (U.K.), Momentus Space (U.S.), Rocket Lab USA, Inc. (U.S.), Spacefleet Ltd. (U.K.), The Boeing Company (U.S.), Blue Origin, LLC. (U.S.), Masten Space Systems, Inc. (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), and Northrop Grumman Corporation (U.S.).
  • Primaries: Primary research includes interviews with various participants throughout the value chain of the small launch vehicle industry. Additionally, online surveys of the participants have been conducted to understand the supply and demand from different stakeholders in the launch service industry.
  • Patent Coverage: The patent coverage includes the study of more than 190 patents from various manufacturers across leading countries such as the U.S., China, Russia, and South Korea.
  • Research Methodology: The research methodology adopted for this specific study includes a mix of data collected from primary and secondary sources. The secondary research study involves the usage of extensive databases available from government agencies and associations such as National Aeronautics and Space Administration (NASA), European Space Agency (ESA), Japan Aerospace Exploration Agency JAXA, Indian Space Research Organisation (ISRO), Union of Concerned Scientists (UCS), and Satellite Industry Association (SIA), along with information available on company websites and in their annual reports.
  • BIS Analyst Recommendations: The study also offers strategic recommendations that can help organizations in tracking various products, trends, and technologies that are changing the dynamics of the market. The recommendations by BIS Research also offer bespoke research services to help organizations meet their objectives.

Request for a Sample: https://bisresearch.com/requestsample?id=915&type=download

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About BIS Research 

BIS Research is a global leader in providing actionable insights and intelligence on deep and emerging technologies, many of which are likely to disrupt businesses and markets, typically over the next ten years. Our endeavor is to deliver products that add strategic value through a Deep Tech M-A-PTM (wherein M-A-P stands for Markets, Applications, and Products) for customers who need to innovate, transform or expand for sustainable growth.

BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them specific and actionable insights on novel technology markets, business models, and competitive landscape.

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Vehicle Electrification Market worth $129.6 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 3, 2020 /PRNewswire/ — According to the new market research report «Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region – Global Forecast to 2025«, published by…

CHICAGO, Sept. 3, 2020 /PRNewswire/ — According to the new market research report «Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region – Global Forecast to 2025«, published by MarketsandMarkets™, the Vehicle Electrification Market is projected to grow at a CAGR of 11.9% to reach USD 129.6 billion by 2025 from USD 73.7 billion.

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Owing to various benefits offered by electrification such as decreased vehicle weight, lower emissions, increased fuel efficiency, improved driving comfort, and safety among, vehicle electrification would be a preferred option by OEMs in the near future.

Browse in-depth TOC on «Vehicle Electrification Market»
152 – Tables
63 – Figures
212 – Pages

Download PDF Brochure:
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«Passenger car is estimated to be the largest segment for the Vehicle Electrification Market»

Electrification of a vehicle is considered the best way to reduce carbon emissions, increase vehicle efficiency, and reduce dependency on oil. Vehicle electrification generates newer opportunities for consumer engagement, along with various environmental and economic benefits. The production of passenger cars is very high compared to other vehicle types. The production of passenger cars in Asia Oceania is the highest with more than 49 million units, followed by Europe with more than 18 million units.

«48V architecture is expected to be dominated by Europe«

According to MarketsandMarkets™ analysis, Europe is estimated to have a 45.5% share of the total 48V vehicle market in 2019. Developed infrastructure such as charging stations, limited range of present day BEVs, and high cost of HEVs and PHEVs are the few reasons why 48V vehicles are preferred over hybrid vehicles in Europe. This trend is estimated to continue for the next 10 years. The 48V system consists of a 48V Li-ion battery, DC/DC converter, and an integrated starter generator (ISG). Without replacing the present 12V architecture completely, 48V architecture can work parallelly with the combustion engine and regular 12V battery. This parallel combination helps boost the efficiency of electric parts like electrical oil, coolant, and vacuum pump. Considering the fact that emission norms in Europe are very strict, 48V vehicle is expected to hold a significant market in the near future.

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«North America is the fastest growing market for vehicle electrification»

The North American Vehicle Electrification Market has a very positive outlook, owing to effective infrastructure and tax exemption, subsidies, and special facilities provided by governments of different countries in the region. The US is set to dominate the North American Vehicle Electrification Market in 2019. As the country has the presence of major OEMs and Tier I players, adoption of electric components in ICE vehicles, BEVs, HEVs, and PHEVs is very high. As ICE vehicle has the largest share in vehicle production, it is expected to hold the largest market for vehicle electrification.

The Vehicle Electrification Market is dominated by a few global players and comprises several regional players. Some of the key suppliers operating in the market are Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive PLC (UK), Denso Corporation (Japan), and Johnson Electric (Hong Kong).

Browse Related Reports:

Automotive Actuators Market by Vehicle, Application, On-Highway Vehicle, Actuation, Motion, Product (Brake, Cooling Valve, Power Window, Throttle, EGR, Power Seat, Grille Shutter, HVAC, Headlamp, Piezoelectric), and Region – Global Forecast to 2027

High Voltage Battery Market By Capacity (75-150, 151-225, 226-300, >300kWh), Type (NCA, NMC, LFP, Others), Range (100-250, 251-400, 401-550, >550 Miles), Voltage (400-600, >600V), Vehicle Type (Truck, Bus, Passenger Car) and Region-Global Forecast to 2025

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Stoneridge Smart Tachograph Solutions Help European Transportation Industry Comply with Mobility Package Legislation

STOCKHOLM, Sept. 3, 2020 /PRNewswire/ — Following the adoption of a major reform of the EU road transport sector, known as the Mobility Package 1, Stoneridge, Inc., a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, remains committed to providing cutting-edge and highly engineered compliance products for a safer, cleaner and fairer transport market with its smart tachograph suite of products.

The EU’s Mobility Package is comprised of three…

STOCKHOLM, Sept. 3, 2020 /PRNewswire/ — Following the adoption of a major reform of the EU road transport sector, known as the Mobility Package 1, Stoneridge, Inc., a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, remains committed to providing cutting-edge and highly engineered compliance products for a safer, cleaner and fairer transport market with its smart tachograph suite of products.

The EU’s Mobility Package is comprised of three phased initiatives aiming to improve road safety, create fair and consistent enforcement across road transport sectors, reduce emissions and encourage innovation and digitisation, among other measures. The first phase, Mobility Package 1, includes a timeline for the introduction of a new generation of the smart tachograph in 2023 and retrofitting provisions for vehicles with analogue and digital tachographs. Providing there is no delay, the European market should see the first retrofitting obligations enforced by the end of 2024. The new regulation also makes tachographs mandatory in LCVs exceeding 2.5 tons and in international transport or cabotage starting in 2026.

Stoneridge will be ready to meet retrofitting obligations and is actively working to develop its Smart Tachograph 2 in compliance with the European Commission’s technical specifications that are expected to be released by September 2021. The Smart Tachograph 2 will provide for automatic recording of a carrier’s position at border crossings and during loading and unloading activities.

«The Mobility Package is a positive next step towards making our roads safer and our market more transparent. With nearly five decades of experience in tachograph design and manufacturing, Stoneridge plays an active role in detailing the upcoming specification with DG MOVE and is developing easier-to-use systems with higher value for all users,» said Bjorn Weck, director of tachograph systems, product management, Stoneridge. «Together with our professional network of importers and distributors, we will help make the Smart Tachograph 2 introduction as seamless and easy as possible for the industry.»

In 2019, the company successfully launched its most recent SE5000 Connekt® Smart Tachograph with a dedicated short-range communications (DSRC) antenna and new test equipment and saw strong demand in the market. Moreover, Stoneridge was able to continue to serve customers with separate production lines for its 1B SE5000 Exakt Duo and 1C SE5000 Connekt® tachographs to ensure uninterrupted supply of both products.

Stoneridge has since been following the progress of the Mobility Package development and is working on the next generation of its Smart Tachograph and other products to support the initiative. As a global supplier of vehicle electronics, the company continues to meet the needs of the market to ensure drivers remain compliant, productive and comfortable with the latest technology.

For more information about Stoneridge vehicle technologies, visit stoneridgeelectronics.com and stoneridge.com.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive, commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Stoneridge solutions power vehicle intelligence systems, provide dramatic increases in fuel efficiency, reduce emissions, and improve safety and security for everyone on the road. Additional information about Stoneridge can be found at Stoneridge.com

Contact: 
Regan Grant
Director, Global Strategic Marketing and Communications
Regan.Grant@stoneridge.com
+1.248.829.2100

All-New Hyundai Tucson Adds Revolutionary Redesign

  • The all-new Hyundai Tucson is the first C-SUV in its class to be available in both short and long wheelbases, depending on the region, to meet diverse market needs
  • Tucson’s ‘Parametric Dynamics’ exterior design theme features bold, angular surfaces and cutting-edge illumination
  • The new dual cockpit layout is intuitively optimized for a high-tech user experience

SEOUL, South Korea, Sept. 3, 2020 /PRNewswire/ — Hyundai Motor Company today revealed the…

  • The all-new Hyundai Tucson is the first C-SUV in its class to be available in both short and long wheelbases, depending on the region, to meet diverse market needs
  • Tucson’s ‘Parametric Dynamics’ exterior design theme features bold, angular surfaces and cutting-edge illumination
  • The new dual cockpit layout is intuitively optimized for a high-tech user experience

SEOUL, South Korea, Sept. 3, 2020 /PRNewswire/ — Hyundai Motor Company today revealed the first images of its all-new Tucson. New design highlights include the latest evolution of Hyundai’s signature headlamp architecture called ‘Parametric Hidden Lights’ and a dual cockpit layout that offers personalized space intuitively optimized for a high-tech user experience. The images hint at innovative features befitting Tucson’s signature boldness and pioneering spirit.

All-New Hyundai Tucson

The all-new Tucson’s world premiere press conference will be streamed online around the world on September 15th at 9:30 a.m. KST. The livestream, a teaser video and images are available at hyundai.com and Hyundai’s social media channels.

For its fourth generation, Hyundai took the all-new Tucson to the next level of automotive design, making it the first C-SUV in its class to be available in two different dimensions, while sharing the same name.

«The mission of ‘Sensuous Sportiness’ is to elevate the emotional qualities of automotive design. We want our customers to feel moved. With the all-new Tucson, we are introducing its ultimate evolution and a definitive statement about Hyundai’s unstoppable forward momentum,» said SangYup Lee, Senior Vice President and Head of Hyundai Global Design Center. «Tucson’s advanced, experimental design is true to its pioneering spirit and raises the game in the industry’s most competitive segment.»

Hyundai’s ‘Sensuous Sportiness’ design identity, first introduced on the new Elantra, brings an emotional punch to Tucson’s avant-garde ‘Parametric Dynamics’ design theme.

About Hyundai Motor Company

Established in 1967, Hyundai Motor Company offers a range of world-class vehicles and mobility services in more than 200 countries. Hyundai Motor sold more than 4.4 million vehicles globally in 2019, and currently employs some 120,000 personnel worldwide. The company is enhancing its product lineup with vehicles designed to help usher in a more sustainable future, while offering innovative solutions to real-world mobility challenges. Through the process Hyundai aims to facilitate ‘Progress for Humanity’ with smart mobility solutions that vitalize connections between people and provide quality time to its customers.

More information about Hyundai Motor and its products can be found at:

http://worldwide.hyundai.com 
http://globalpr.hyundai.com

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Growing Adoption of Electric Vehicles to Boost the Growth of Global Solid State Transformer Market by 2027 – Exclusive Report [194 pages] by Research Dive

The global solid state transformer market shall witness a noteworthy growth in forecast period owing to rising adoption of electric vehicles and SST systems in renewable energy generation stations. Europe to dominate the global industry by 2027

NEW YORK, Sept. 2, 2020 /PRNewswire/ — Research Dive has added a new report to its offering titled,

The global solid state transformer market shall witness a noteworthy growth in forecast period owing to rising adoption of electric vehicles and SST systems in renewable energy generation stations. Europe to dominate the global industry by 2027

NEW YORK, Sept. 2, 2020 /PRNewswire/ — Research Dive has added a new report to its offering titled, «Solid State Transformer (SST) Market, by Product (Distribution Solid State, Power Solid State, Traction Solid State), Application (Electric Vehicle Charging Stations, Power Grid, Traction Locomotives, Alternative Power Generation), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027″

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The global solid state transformer market accounted for US$ 176.0 million in 2019 and is projected to reach up to US$ 1,246.4 million by 2027, exhibiting a CAGR of 26.0% from 2020 to 2027.

Download Sample Report [75 pages] of Solid State Transformer Market at https://www.researchdive.com/download-sample/350

Market Dynamics

The growing adoption of advanced SST systems in the renewable energy generation stations and electric vehicle is a significant factor expected to drive the growth of the global solid state transformer market over the forecast period. In addition, numerous benefits of SST systems such as higher load resonant capacity, most effective in power management, bi-directional electricity flow, etc. is another factor projected to bolster the market growth by 2027. Moreover, the growing trend towards adoption of electric vehicle (EV) and the favorable initiatives by government to support EV industry is likely to create lucrative growth opportunities in the SST market. However, high investment costs in the initial phase for the production of SSTs is expected to be a major threat for the market growth in the coming future.

COVID-19 Impact on the Industry

The COVID-19 crisis has adversely affected the global solid state transformer market due to the unavailability of raw materials in the pandemic for manufacturing of electrical equipment. Besides, transportation of finished equipment and products has been effected drastically, which is estimated to impact the solid state transformer market negatively. However, the significant players of the market are implementing several business growth strategies to sustain in the pandemic.

Download COVID-19 IMPACT ANALYSIS ON Solid State Transformer (SST) Market

Key segment findings of the market:

The global solid state transformer market is segmented on the basis of Product, Application, and Region.

Among product, the power solid state segment is estimated to hold a significant market size by 2027 owing to wide-ranging utilization of power SSTs for multiple transformer applications such as distribution systems, voltage transformation, etc.

Among application, the alternative power generation segment is projected to grow at a considerable rate during the forecast period owing to extensive usage of SST systems for alternative power generation application.

Regionally, Europe is predicted to play a dominant role in the global SST market by 2027 due to the increasing consumption of power in major European countries.

Top Key Players of the Solid Stat Transformer Industry

The major players operating in the global solid state transformer market include

  1. Eaton
  2. Schneider Electric
  3. MASCHINENFABRIK REINHAUSEN GMBH
  4. Siemens
  5. Varentec, Inc.
  6. GRIDBRIDGE
  7. ABB
  8. General Electric
  9. Mitsubishi Electric Corporation.

These market players are adopting several growth strategies such as partnerships & collaboration, R&D activities and novel product service launches to strengthen their position in the global market.

The report summarizes various aspects such as financial performance, SWOT analysis, recent strategic moves & developments and product portfolio of all these key players functioning in the global market. Download Top Companies Development Strategies Summary Report [75 pages]

More about Solid State Transformer:

Solid-State Transformer: An Effective Alternative to Traditional Transformers

Global Solid State Transformer Market to Grow Enormously by 2027 Owing to Advanced Product Launches

Similar Reports:

  1. Metal Air Battery Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 – Download Sample Report
  2. Aluminum Air Battery Market: Global Opportunity Analysis and Industry Forecast, 2019–2026 – Download Sample Report

About Research Dive

Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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GAC MOTOR prepared a special birthday surprise for a Kuwaiti girl

KUWAIT CITY, Kuwait, Sept. 2, 2020 /PRNewswire/ — For one special Kuwaiti girl, Shouq, her 22nd birthday was something to remember. GAC MOTOR distributor Mutawa Alkazi facilitated a surprise for the young lady that moved her to tears.

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KUWAIT CITY, Kuwait, Sept. 2, 2020 /PRNewswire/ — For one special Kuwaiti girl, Shouq, her 22nd birthday was something to remember. GAC MOTOR distributor Mutawa Alkazi facilitated a surprise for the young lady that moved her to tears.

A junior at Kuwait University, Shouq is a confident young lady about to enter the working world. Her mother, Sondos, wanted to present her daughter with something memorable, to remind her of her abilities and to encourage her as she takes the next step into adulthood. They visited the Mutawa Alkazi showroom, where together they viewed several GAC MOTOR car models and was drawn to the GS3 SUV. Once Shouq had her eyes set on the car, Sondos signaled that she wanted to make a secret purchase. The GAC MOTOR team went to work discreetly to prepare the vehicle by providing a fast and straightforward purchase procedure while doing their best to make this birthday something that Shouq will not forget.

«This is an overwhelming surprise. I am incredibly grateful to my mother and to GAC MOTOR and the Mutawa Alkazi team for everything they have done for me.» Shouq said. «The first time I saw GS3 in the exhibition hall, I was deeply attracted by the appearance and interior. The decoration design is very outstanding.» After experiencing this car, Shouq believes that the GS3 has wholly exceeded her expectations: «The driving is very smooth, the control is flexible, and it also has in-car navigation, entertainment systems, and good air conditioning.» A passionate equestrian athlete since young, Shouq has found the freedom to ride together with the GS3.  

Shouq and her friend taking GS3 for a spin

The GS3’s excellent design, superior quality build, and continual feature improvements were the main reasons why Sondos chose the car. «GAC MOTOR’s cars are known for having a good reputation in areas such as stability and quality, and the brand is trendy in the Kuwait market,» says Sondos. Since entering the Kuwait market seven years ago, GAC MOTOR has gained widespread popularity and visibility through its quality product and good reputation. This has enabled it to rank amongst the top Chinese brands in the local automotive retail market.

GAC MOTOR has expanded rapidly in recent years and has now entered 26 countries and regions worldwide. Under the shadow of the global pandemic and challenging economic situation, GAC MOTOR has bucked the declining trend in Q1 2020, achieving a 114% increase YoY.

Recently, GAC MOTOR has successfully launched the GN8, GS5, GN6, and other models in overseas markets, delighting local drivers and consumers. As the company continues to expand internationally, GAC MOTOR hopes to play an integral part in the lives of more consumers, bringing them quality products through a reliable brand reputation, to create a happy mobile life for its users around the world.

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Seeing Machines Announces Next Gen Embedded Product Strategy for Automotive DMS Market

CANBERRA, Australia, Sept. 2, 2020 /PRNewswire/ — Seeing Machines, the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is pleased to announce its next generation ‘Embedded Product Strategy’ for the automotive market.

<img id="prnejpgf225left" title="Seeing Machines logo" border="0" alt="Seeing Machines logo" align="middle" imagelabel="General"…

CANBERRA, Australia, Sept. 2, 2020 /PRNewswire/ — Seeing Machines, the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is pleased to announce its next generation ‘Embedded Product Strategy’ for the automotive market.

Seeing Machines logo

Highlights summary

  • New «three pillar» strategy targets rapidly expanding camera-based interior monitoring market:
    – First pillar: FOVIO Chip, newly advanced with the introduction of Seeing Machines’ OcculaTM Neural Processing Unit
    – Second pillar: A low-friction integration pathway into any vehicle integration point, including smart-mirrors, instrument clusters, infotainment ECUs or centralized ADAS processing systems
    – Third pillar: OcculaTM is now available for license, in ASIC form, to world-leading semiconductor companies for integration with any automotive compute platform.

Representing a step-change in its delivery of Driver Monitoring System (DMS) technology to automotive Tier 1 suppliers and OEMs, Seeing Machines has unveiled an expanded strategy and product portfolio incorporating its next generation embedded processing pipeline technology. The enhanced «three pillar» offering targets the rapidly expanding camera-based interior monitoring market, extending cost, scalability and integration benefits for carmakers as well as safety and convenience for their customers.

Seeing Machines continues to grow as an automotive leader in DMS technology, now in tie-ups with six OEMs globally, across nine ongoing programs over an expanding range of vehicle models. The Seeing Machines FOVIO Chip (delivered in partnership with Xilinx) remains the highest performing, lowest cost market solution for standalone DMS vehicle integration and now represents nearly one-third of Seeing Machines booked business, and is projected to grow to approximately one half in response to Euro NCAP requirements. 

OEMs today are faced with a maze of electronics, software and sensor integration options for interior monitoring systems. Coupled with market dynamics such as regulation and Euro NCAP requirements for safety (which are now driving rapid adoption and mass market penetration), the Embedded Product Strategy has been designed to support a very wide range of common integration, cost, and safety performance challenges, with the flexibility to support the unexpected.

The first pillar of the Seeing Machines strategy remains the FOVIO Chip. However, the performance of the device is newly enhanced with the introduction of Seeing Machines’ OcculaTM Neural Processing Unit («OcculaTM«):

  • OcculaTM is a custom processing design that accelerates Seeing Machines’ unique algorithmic approach to the problem of human detection and tracking, placing the Company’s technology at the «deep edge»
  • OcculaTM delivers a breakthrough in silicon utilization when executing Seeing Machines’ highly mature driver monitoring algorithms, reducing the computational load of the FOVIO chip by over 50% while delivering the same functionality and signal performance
  • OcculaTM adds general-purpose acceleration capabilities required for future AI-based computer vision needs. Seeing Machines’ customers will also be delighted to know that, since the FOVIO Chip utilizes FPGA technology, OcculaTM is a fully field upgradable offering
  • OcculaTM makes way for new driver and interior monitoring features on existing FOVIO chips, further extending Seeing Machines’ feature, performance, and cost leadership.

The second pillar of the embedded product strategy offers a low-friction integration pathway for the Company’s driver and interior monitoring technology into any vehicle integration point, including smart-mirrors, instrument clusters, infotainment ECUs or centralized ADAS processing systems:

  • This pathway is efficiently enabled via the introduction of Seeing Machines’ embedded Driver Monitoring Engine (e-DME). The e-DME is the Company’s core driver monitoring algorithm stack supporting both accelerated and non-accelerated compute options, over a very wide range of popular automotive compute platforms
  • The e-DME includes versions which are deeply optimized and embedded for key automotive SoC platforms, leveraging the different state-of-the-art AI vision acceleration architectures in those devices.

As a third strategic pillar, OcculaTM is now available for license, in ASIC form, to world-leading semiconductor companies for integration with any automotive compute platform that would benefit from world leading, highly optimized, «deep edge» driver and/or interior monitoring. 

Paul McGlone, CEO of Seeing Machines commented: «It’s an exciting time in the Automotive industry and I’m delighted to be announcing our detailed technology strategy, which has been constructed to closely support OEMs as they design cars to meet mounting safety standards and deliver convenience features for their customers.

«Seeing Machines has been leading this market for many years now and our three pillar approach is no accident. We have leveraged our teams’ years of experience, deep knowledge of industry requirements, and close customer relationships to support the many and varied requirements for DMS integration into cars as demand continues to accelerate around the world.»

Media enquiries: Seeing Machines – Sophie Nicoll, +61 419 149 683, sophie.nicoll@seeingmachines.com

About Seeing Machines (LSE: SEE)

Seeing Machines Ltd., is an industry leader in vision-based monitoring technology that enable machines to see, understand and assist people. Seeing Machines’ technology portfolio of AI algorithms, embedded processing and optics, power products that need to deliver reliable real-time understanding of vehicle operators. The technology spans the critical measurement of where a driver is looking, through to classification of their cognitive state as it applies to accident risk. Reliable «driver state» measurement is the end-goal of Driver Monitoring Systems (DMS) technology. Seeing Machines develops DMS technology to drive safety for Automotive, Commercial Fleet, Off-road and Aviation.

Founded in 2000 and headquartered in Australia, the Company has offices in Australia, USA, Europe and Asia, and supplies technology solutions and services to industry leaders in each market vertical. www.seeingmachines.com

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Car Rental Market Size is Projected to Reach USD 214.04 Billion by 2027 – Valuates Reports

BANGALORE, India, Sept. 1, 2020 /PRNewswire/ — The car rental industry has undergone a dramatic change with growth in emission levels and population, becoming one of the most influential industries in fleet transport. Major factors expected to increase the growth of the car rental market size include a rise in trend in on-demand transportation services and low car ownership rates among millennials.

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BANGALORE, India, Sept. 1, 2020 /PRNewswire/ — The car rental industry has undergone a dramatic change with growth in emission levels and population, becoming one of the most influential industries in fleet transport. Major factors expected to increase the growth of the car rental market size include a rise in trend in on-demand transportation services and low car ownership rates among millennials.

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The global car rental market size was valued at USD 92.92 Billion in 2019 and is projected to reach USD 214.04 Billion by 2027, registering a CAGR of 10.7% from 2020 to 2027.

This report presents an overview of the global car rental industry and current developments and potential projections to depict the imminent pockets of investment.

Get Detailed Analysis of COVID-19 Impact on Car Rental Market: https://reports.valuates.com/request/sample/ALLI-Manu-0E23/Car_Rental_Market

TRENDS INFLUENCING THE CAR RENTAL MARKET SIZE

Over the past few years, several governments have concentrated on improving tourism. Growing tourism activities and the rising tourism budget have propelled the growth of the rental car market size.

The main development seen in the global rental of cars is the introduction of electric vehicles in the rental services. The increasing awareness about environmental pollution and government initiatives to encourage electric vehicle use is expected to offer lucrative business opportunities

Technology is a key component that is expected to fuel the growth of the car rental market size. Increased adoption of information technology is changing the industry and allowing operators to give their customers better services. This involves using integrated management of corporate and customer details and designing convenient internet booking applications.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-0E23/car-rental

CAR RENTAL MARKET SHARE ANALYSIS

North America accounted for the highest share in the global car rental market in 2019, in terms of revenue, and LAMEA is anticipated to exhibit a remarkable growth rate during the forecast period.

Asia-pacific is expected to witness the highest growth during the forecast period. Low-budget rentals produce a large portion of market income, owing to the cost-sensitive nature of the economy. Further, the region-wide trend towards self-drive renting is expected to see strong traction in the coming years.   

The economical car segment is expected to hold the largest car rental market share based on car type. This can be attributed to these cars’ high fuel efficiency, which encourages their fleet operators and individuals’ adoption of car rental services.

Based on the channel, the online category held the larger car rental market share. This segment’s dominance is attributed to the increased mobile penetration, growth Internet of Things ( IoT), and improved usability.

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CAR RENTAL MARKET SEGMENTATION

By Application

  • Leisure
  • Commercial

By Rental category

  • On airport
  • Off airport

By Car type

  • Luxury car
  • Executive car
  • Economical car
  • Sports utility vehicle (SUV)
  • Multi utility vehicle (MUV)

Key Market Players

  • Avis Budget Group
  • Europcar
  • Enterprise Holdings Inc.
  • Hertz System, Inc.
  • Localiza
  • SIXT
  • Uber Technologies, Inc.
  • Carzonrent India Pvt Ltd.
  • Eco Rent a Car
  • ANI Technologies Pvt. Ltd. (OLA TAXI’S)

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SIMILAR REPORTS :

  • Car Rental Software Market Report

 View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-37C2120/global-car-rental-software 

  • Electric Car Rental Market Report

The global Electric Car Rental market size is projected to reach USD 2044.7 Million by 2026, from USD 866.2 Million in 2020, at a CAGR of 15.4% during 2021-2026.

Advances in battery technology, such as the production of Li-ion batteries, are driving the growth of the EV industry as Li-ion batteries have complex chemistry.

The Electric Car Rental Market report focuses on the market’s volume and value at the global level, regional level, and company level. This report represents the overall Electric Car Rental market size by analyzing historical data and future prospects from a global perspective.

 View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-29K189/global-united-states-european-union-and-china-electric-car-rental

  • Luxury Car Rental Market Report

The Luxury Car Rental market was worth approximately USD 10 Billion globally in 2016.

In 2019, the global Luxury Car Rental market size was USD 16660 Million and it is expected to reach USD 60470 Million by the end of 2026, with a CAGR of 20.0% during 2021-2026.

North America is expected to hold the largest luxury car rental market share with nearly 50% of the global market, followed by Europe, which represents approximately 29% market shares.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-5128/global-luxury-car-rental

  • Ride-Sharing Market Report

In 2018, the global Ride Sharing market size was 24400 Million USD, and it is expected to reach 103600 Million USD by the end of 2025, with a CAGR of 19.8% between 2019 and 2025.

The market concentration rate of Ride Sharing is high. Though there are many small players in Global, the leading brands occupy a large market share. Top 5 took up more than 79.04% of the global market in 2017.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-28R2152/global-ride-sharing

  • Mobility as a Service (MaaS) Market Report

Global Mobility as a Service (MaaS) market size will reach 230400 Million USD by 2025, from 43440 million USD in 2019, at a CAGR of 32.6% during the forecast period.

The report includes a country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2025.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-33X48/global-mobility-as-a-service-maas

  • Smart Mobility Market Report

The global smart mobility market was valued at USD 34.04 Billion in 2019 and is projected to reach USD 70.46 Billion by 2027, registering a CAGR of 20.2%. 

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-2B32/smart-mobility

  • Self-drive Car Rental Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-14N2336/global-self-drive-car-rental

  • Car Rental and Leasing Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4J296/car-rental-and-leasing

  •  Car Rental Services Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2T345/car-rental-services

  • Car Rental Management Software and Platforms Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-0J3178/global-car-rental-management-software-and-platforms

  • Car Rental Business Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3H305/car-rental-business

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report, Please also reach our sales team to get the complete list of our data sources.

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The New Rolls-Royce Ghost

GOODWOOD, England, Sept. 1, 2020 /PRNewswire/ — Reflecting the minimalist philosophy that underpins New Ghost, highlights of this transformative motor car are listed in short form below. Full details are available at thenewghost.com

 

<img id="prnejpgaeaaleft" title="The New Rolls-Royce Ghost" border="0"…

GOODWOOD, England, Sept. 1, 2020 /PRNewswire/ — Reflecting the minimalist philosophy that underpins New Ghost, highlights of this transformative motor car are listed in short form below. Full details are available at thenewghost.com

 

The New Rolls-Royce Ghost

 

  • The most technologically advanced Rolls-Royce yet
  • Succeeds the most successful product in the marque’s 116-year history
  • Reflects ‘Post Opulent’ design philosophy, rejecting superficial expressions of wealth
  • Built on rigid aluminium Rolls-Royce spaceframe architecture
  • All-wheel drive and all-wheel steering for unprecedented poise and surefootedness
  • World first Planar suspension system significantly increases agility and effortlessness
  • Equipped with hallmark 6.75-litre twin-turbo V12 engine, delivering 571PS and 850nm
  • For effortless egress, doors now electrically open as well as close
  • Interior components tuned to specific resonant frequency to create a sense of serenity
  • Down lit Pantheon grille discreetly illuminates Rolls-Royce iconography
  • Illuminated Fascia debuts featuring Ghost nameplate surrounded by more than 850 stars

Photo: https://mma.prnewswire.com/media/1247008/Rolls_Royce_Ghost.jpg

 

 

Hesai Technology Releases Pandar128: A 128-Channel, High-Performance LiDAR for Autonomous Driving Applications

SHANGHAI, Sept. 1, 2020 /PRNewswire/ — Hesai, a global leader in LiDAR sensors, officially released its next-generation mechanical LiDAR, Pandar128. Designed for automotive volume production, Pandar128 is one of the most advanced mechanical LiDARs available and offers an ideal solution for autonomous driving applications.

<img id="prnejpg91caleft" title="Pandar128: 128-Channel, Image-like Resolution, High-Performance…

SHANGHAI, Sept. 1, 2020 /PRNewswire/ — Hesai, a global leader in LiDAR sensors, officially released its next-generation mechanical LiDAR, Pandar128. Designed for automotive volume production, Pandar128 is one of the most advanced mechanical LiDARs available and offers an ideal solution for autonomous driving applications.

Pandar128: 128-Channel, Image-like Resolution, High-Performance LiDAR

Pandar128 boasts:

  • Resolution: up to 0.1° (H) * 0.125° (V) at 10 Hz refresh rate
  • Up to 6,912,000 points/sec
  • Detection capability: 200 m (10% reflectivity target)
  • High reflectivity accuracy and precision
  • Higher ingress protection rating: IP6K9K

Pandar128 represents a massive leap in performance over existing mechanical LiDAR sensors. It offers the finest horizontal resolution (up to 0.1°), 1.5x the total points produced by other available 128-channel LiDARs, and has a detection capability of 200 meters @ 10% reflectivity. This unrivaled measurement frequency and distance enable superb perception over an extended range, providing autonomous driving systems with longer reaction time critical for safe operation at medium-to-high driving speeds.

Pandar128 Point Cloud

Pandar128 is designed with several other noteworthy improvements. It offers a higher level of ingress protection (IP6K9K), ensuring reliability in all weather conditions. Additionally, Hesai’s proprietary, industry-leading interference rejection feature has been further refined, reducing the noise rate. 

Pandar128 SLAM

Despite comprising twice the number of beams as Hesai’s Pandar64, Pandar128 retains a small form factor: it is just 7 mm taller and weighs only 1.63 kg. Pandar128’s compact design allows for seamless integration into a vehicle’s exterior for a more aesthetic configuration. The new system architecture also minimizes power consumption, requiring a maximum of 27 W (10 Hz), despite the massive data volume.

Pandar128’s design is more compact and lightweight

Most notably, Pandar128 is designed for automotive volume production. It has gone through comprehensive testing and is embedded with several innovative features, such as self-diagnosis for each beam. The sensor data is also encoded to safeguard against data misrepresentation or falsification. Referencing the full array of international automotive standards at the component, product, and process-level, Pandar128 has been meticulously scrutinized and optimized from the ground-up to ensure user safety, system integrity, and reliability.

Pandar128 has undergone more than 50 different reliability tests

A critical sensor in autonomous driving systems, LiDAR – and its production readiness – is a prerequisite for the large-scale deployment of autonomous vehicles. With Pandar128, Hesai continues to push the boundaries of LiDAR technology and engineering to help achieve this ultimate goal.

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